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NEW & ANNOUNCEMENTS

Economic Development News & Announcements

Change happens quickly in our region. Check out the latest news and announcements from TVA Economic Development. For media inquiries, please contact us.

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08.5.21 | Newsroom

Oldcastle APG announced plans to expand operations in Clarksville, Tennessee

Oldcastle APG, North America’s leading manufacturer of concrete building and hardscape products, announced plans to expand operations in Clarksville, Tennessee. Plans for the project include creating 45 new jobs and investing more than $10 million to increase production. Economic development partners include Cumberland Electric Membership Corporation, Clarksville-Montgomery County Economic Development Council and Tennessee Department of Economic and Community Development….
07.30.21 | Newsroom

Kaiser Aluminum announced plans to locate its headquarters operations to Franklin, Tennessee

Kaiser Aluminum, a leading producer of semi-fabricated specialty aluminum products, announced plans to locate its headquarters operations to Franklin, Tennessee. Plans for the project include creating 80 new jobs and investing $3 million as the company transitions and expands corporate functions to its new Williamson County location. Economic development partners include Middle Tennessee Electric, Williamson, Inc., and Tennessee Department…
07.29.21 | Newsroom

Fruit of the Loom a world-renowned textiles and sporting goods company headquartered in Bowling Green, Kentucky, announced plans to expand operations

Fruit of the Loom, a world-renowned textiles and sporting goods company headquartered in Bowling Green, Kentucky, announced plans to expand operations. Plans for the project include adding 50 new jobs and additional square footage to support growth at the company’s distribution center. Economic development partners include Warren Rural Electric Cooperative Corporation, the Bowling Green Area Chamber of…
07.27.21 | Newsroom

Integrated Biometric Technology, LLC announced plans to locate its corporate headquarters in Williamson County, Tennessee

Integrated Biometric Technology, LLC, a technology company specializing in biometric identity authentication, announced plans to locate its corporate headquarters in Williamson County, Tennessee. Plans for the project include creating 142 jobs and investing $2.3 million. Economic development partners include Middle Tennessee Electric, Williamson Inc., and Tennessee Department of Economic and Community Development. This project helps further TVA’s mission…
07.26.21 | Newsroom

New Way Trucks announced plans to expand operations in Booneville, Mississippi

New Way Trucks, a recycling equipment manufacturer, announced plans to expand operations in Booneville, Mississippi. Plans for the project include creating 120 jobs and investing $4 million, increasing manufacturing operations and opening an additional facility in Prentiss County. Economic development partners include Prentiss County Electric Power Association, Prentiss County Economic Development Association, Prentiss County, and Mississippi Development Authority….
07.21.21 | Newsroom

Vi-Jon announce plans to expand operations in Smyrna, Tennessee

Vi-Jon, the nation’s oldest private label manufacturer in the health and beauty industry, announce plans to expand operations in Smyrna, Tennessee. Plans for the project include investing $45 million and adding 64 new jobs to the 600 currently employed at the Rutherford County facility. Economic development partners include Middle Tennessee Electric, Rutherford County Chamber of Commerce and Tennessee Department…
07.20.21 | Newsroom

Chewy, Inc., announced plans to establish operations in Wilson County, Tennessee.

Chewy, Inc., an innovator in pet e-commerce, announced plans to establish operations in Wilson County, Tennessee. Plans for the project include creating 1,200 new jobs at the regional fulfillment center in Mt. Juliet. Economic development partners include Middle Tennessee Electric, Joint Economic and Community Development Board of Wilson County, and the Tennessee Department of Economic and Community…
07.19.21 | Newsroom

Kairos Power announced plans to establish a low-power demonstration reactor in Oak Ridge, Tennessee

Kairos Power, an advanced nuclear engineering company, announced plans to establish a low-power demonstration reactor in Oak Ridge, Tennessee. Plans for the project include investing $100 million and creating 55 jobs to deploy the reactor, called Hermes, and advance Kairos Power’s manufacturing capabilities. Economic development partners include City of Oak Ridge Electric Department, East Tennessee Economic Council, Oak Ridge…
07.7.21 | Newsroom

Smart USA Co. announced plans to locate operations in Nashville, Tennessee

Smart USA Co., one of the world’s fastest growing retirement technology platforms, announced plans to locate operations in Nashville, Tennessee. Plans for establishing the company’s U.S. headquarters include creating 128 new jobs, and investing $2.2 million. Economic development partners include Nashville Electric Service, Nashville Area Chamber of Commerce and Tennessee Department of Economic and Community…
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News Index

MAHLE GmbH Announced Plans to Expand Operations in Hamblen County

MAHLE GmbH, an automotive supplier of electric compressors, announced plans to expand operations in Hamblen County. Plans for the project include investing $10 million and creating 50 new jobs, which will bring the company’s total headcount to nearly 800 people at its Morristown facility. Economic development partners include Morristown Utility System, Morristown Area Chamber of...

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Parsons Corporation to Expand in Huntsville, Alabama

Parsons Corporation, a defense and intelligence contractor, announced plans to expand their presence in Huntsville, AL. Plans for the project include creating 198 new jobs and investing more than $5 million. Economic development partners include Huntsville Utilities, City of Huntsville, Alabama Department of Commerce, and the Huntsville-Madison County Chamber of Commerce. This project furthers TVA’s...

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Performance Drones Works, PDW Announces Expansion in Huntsville, Alabama

Performance Drones Works, PDW, a robotics manufacturer for military and government operations, announced plans to expand its manufacturing operation in Huntsville, AL. Plans for the project include creating 525 new jobs and investing more than $9 million. Economic development partners include Huntsville Utilities, City of Huntsville, Alabama Department of Commerce, and the Huntsville-Madison County Chamber of...

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